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BMW 5-Series Lease Questions

3910 messages,  Last post on May 18, 2013 at 11:25 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon

Messages Page 86 of 391

#850 of 3910 Re: 2007 550i - great lease program now [tayl0rd] by dhanley

Oct 18, 2006 (7:05 am)

Replying to: tayl0rd (Oct 18, 2006 6:39 am)
Here's the 550i lease numbers, taylord:
 
2007 BMW 5 Series 550i / Compare Instant Lease Quotes
 
24 mo/15k mi – Residual Value 70% of MSRP – .00150 Base Money Factor Rate
 
36 mo/15k mi – Residual Value 59% of MSRP – .00150 Base Money Factor Rate
 
48 mo/15k mi – Residual Value 39% of MSRP – .00319 Base Money Factor Rate
 
60 mo/15k mi – Residual Value 31% of MSRP – .00319 Base Money Factor Rate
 
------
 
Based on that, if you lease a base 550i, get $2000 off sticker, and pay all fees up front, and max out your security deposits, your pre-tax payments will be:
 
24 month : $753/mo
36 month : $709/mo
 
Even better if you can get more off of sticker.
 
I just figured that if you did euro-delivery, the same lease could be $518 a month for 24 months. Pretty sweet.

#851 of 3910 Re: 2007 550i - great lease program now [dhanley] by tayl0rd

Oct 18, 2006 (10:21 am)

Replying to: dhanley (Oct 18, 2006 7:05 am)
Thanks SO much, dhanley!
 
Here's a little spreadsheet I put together. Tell me if my numbers are wrong:
 
MSRP $64,890.00
Residual Value % 59.00% $38,285.10
Invoice $59,880.00
Discount Percentage 0.00%
Incentives (rebates,etc.) $0.00
Cap Cost $59,880.00
Depreciation / Pymnt $21,594.90 $599.86
Down Pymnt / Trade $0.00
Purchase Price $60,880.00
Dealer Fees $1,659.00
Tax 3.00% $1,826.40
Lease Term 36
Money Factor 0.0015
Interest Rate 3.6
MF / Interest Payment $151.24 $5,444.50
Flat Payment $751.09 $27,039.40
Total Payment $773.63 $27,850.58

#852 of 3910 Re: 2007 550i - great lease program now [tayl0rd] by dhanley

Oct 18, 2006 (11:10 am)

Replying to: tayl0rd (Oct 18, 2006 10:21 am)
Glad to help!
 
Are you paying fees and tax up front? If so i get 747 as my "flat payment". So we agree inside the margin of error.
 
By making six additional security deposits you can buy the money factor down to .0108. That would cut your payment to $705 a month.
 
The money factor for a 530 is .001 now, the the residual is 70%. That's tempting!

#853 of 3910 Re: 2007 550i - great lease program now [dhanley] by tayl0rd

Oct 18, 2006 (11:36 am)

Replying to: dhanley (Oct 18, 2006 11:10 am)
I'm rolling everything (that I know of) into the financing. Absolutely zero out of pocket costs. Just "sign and drive." Checkbook never makes an appearance.

#854 of 3910 Re: 2007 550i - great lease program now [dhanley] by kindzcar

Oct 18, 2006 (5:41 pm)

Replying to: dhanley (Oct 18, 2006 11:10 am)
Where did you learn that the residual is 70%. I received 62 from the local dealer.

#855 of 3910 Re: 2007 550i - great lease program now [kindzcar] by dhanley

Oct 18, 2006 (9:49 pm)

Replying to: kindzcar (Oct 18, 2006 5:41 pm)
I got the residuals from the following link. I am sure the are relaible.
 
http://www.bimmerfest.com/forums/showthread.php?t=168909

#856 of 3910 Re: 2007 550i - great lease program now [dhanley] by kindzcar

Oct 19, 2006 (5:03 am)

Replying to: dhanley (Oct 18, 2006 9:49 pm)
dhanley,
 
Thank you. That site was helpful.
 
Do you know if the current residuals and $ factors will last into next month? I am not due to be out of my current lease until 2/07 and I want to take advantage of these lease rates.
 
Thanks again

#857 of 3910 Re: 2007 550i - great lease program now [kindzcar] by dhanley

Oct 19, 2006 (10:26 am)

Replying to: kindzcar (Oct 19, 2006 5:03 am)
The lease programs change all the time, apparently. It's anyone's guess. These rates are good, but not "best ever."
 
Almost makes me want to go test a 530i though!

#858 of 3910 Re: 2007 550i - great lease program now [kindzcar] by skobola

Oct 19, 2006 (9:35 pm)

Replying to: kindzcar (Oct 19, 2006 5:03 am)
You can take advantage only if you order the car, which will take about 8 weeks to deliver on the East coast, and I do not know how long for the West coast. The ordering and leasing works that you lock in the lease rates when you order the car. Note that you may still change the lease rates once the car comes if the rates will be better then. This is why I always order my Bimmers in January/February, which is among the slowest sales' time, and usually there are a lot of leasing incentives, and then I get the car in March/April.

#859 of 3910 Re: 2007 550i - great lease program now [skobola] by kindzcar

Oct 20, 2006 (6:44 am)

Replying to: skobola (Oct 19, 2006 9:35 pm)
skobola,
 
So based upon your past experiances, I should wait for January to order my car which does not come off of lease until February. I have been monitoring the lease factors of BMW since July and thought it might be best to lock in now with the thought that I would get the car in January and eat the last month and a half of my current car. I just wish there was some way that I would know that BMW will hold these great rates esp on the 24 month until Jan.

Messages Page 86 of 391

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